NextEra Energy fourth-quarter and full-year 2023 financial results available on company's website

Rhea-AI Summary

NextEra Energy, Inc. (NYSE: NEE) has released its fourth-quarter and full-year 2023 financial results. The company's senior management team will discuss the results during an investor presentation. The presentation will also cover financial results for NextEra Energy Partners, LP (NYSE: NEP). NextEra Energy is a leading clean energy company, owning Florida Power & Light Company, America's largest electric utility, and a competitive clean energy business, NextEra Energy Resources, LLC. The company generates clean, emissions-free electricity from nuclear power units and is recognized for its sustainability efforts.

Financial Analyst

NextEra Energy's release of its fourth-quarter and full-year 2023 financial results is a significant indicator of the company's operational and financial health, which is essential for investors and market analysts. Given the company's status as a leading clean energy provider, these results could influence investor sentiment in the energy sector, particularly in the renewable energy market. The performance of NextEra Energy, especially considering its large customer base and position in the market, can serve as a bellwether for industry trends and potential shifts in energy policy and consumer behavior towards clean energy.

Financial results provide a snapshot of the company's revenue growth, profitability and cash flow situation. Investors will be keen on metrics such as earnings per share (EPS), revenue growth and guidance for future periods. Any significant deviation from expected financial metrics or industry norms could result in volatility in the stock price. Additionally, the financial performance of NextEra Energy Partners, LP (NEP) could provide insights into the profitability and growth prospects of clean energy investments.

Market Research Analyst

The energy sector is in a state of transition with an increasing focus on sustainability and renewable energy sources. NextEra Energy's position as a leader in this space means that their financial results can provide key insights into the adoption rates and economic viability of renewable energy on a large scale. The company's results could reflect broader market trends, such as the impact of government incentives for clean energy, shifts in consumer demand and the competitiveness of renewable energy sources compared to traditional fossil fuels.

Furthermore, as the largest generator of renewable energy from the wind and sun, NextEra Energy's operational data, such as capacity additions and efficiency improvements, could signal the direction of technological advancements and cost reductions in renewable energy production. This information is valuable for stakeholders across the energy industry, including competitors, suppliers and customers, as it may impact strategic planning and investment decisions.

Environmental Economist

NextEra Energy's financial results are not only relevant from a business perspective but also provide insights into the economic aspects of environmental sustainability. As a clean energy company, NextEra Energy's performance can be used to assess the economic trade-offs and benefits associated with renewable energy investments. The company's growth and profitability metrics may serve as an indicator of the long-term economic viability of clean energy solutions and their potential to contribute to a low-carbon economy.

An analysis of NextEra Energy's financials can reveal the cost competitiveness of renewable energy sources, which is crucial for policy-making and for understanding the financial implications of transitioning to a sustainable energy future. The company's investment in battery storage is particularly noteworthy, as it is a critical component for addressing the intermittency of renewable energy and enhancing grid stability. The economic performance of such investments can guide future funding and research in energy storage solutions.

JUNO BEACH, Fla., Jan. 25, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) has posted its fourth-quarter and full-year 2023 financial results in a news release available on the company's website by accessing the following link: www.NextEraEnergy.com/FinancialResults.

John Ketchum, chairman, president and chief executive officer of NextEra Energy, Kirk Crews, executive vice president, finance and chief financial officer of NextEra Energy, and other members of the company's senior management team will discuss the company's fourth-quarter and full-year 2023 financial results during an investor presentation to be webcast live, beginning at 9 a.m. ET today. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: www.NextEraEnergy.com/FinancialResults. Also discussed during the investor presentation will be financial results for NextEra Energy Partners, LP (NYSE: NEP). A replay will be available for 90 days by accessing the same link as listed above.

NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns Florida Power & Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.9 million customer accounts, or more than 12 million people across Florida. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. A Fortune 200 company, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.

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SOURCE NextEra Energy, Inc.

What are NextEra Energy's ticker symbols?

The ticker symbols for NextEra Energy, Inc. and NextEra Energy Partners, LP are NEE and NEP, respectively.

Where can I access NextEra Energy's fourth-quarter and full-year 2023 financial results?

The financial results are available on NextEra Energy's website at www.NextEraEnergy.com/FinancialResults.

What is Florida Power & Light Company?

Florida Power & Light Company is America's largest electric utility, providing clean, affordable, reliable electricity to approximately 5.9 million customer accounts in Florida.

What is NextEra Energy Resources, LLC known for?

NextEra Energy Resources, LLC is the world's largest generator of renewable energy from wind and sun and a world leader in battery storage.

How does NextEra Energy generate electricity?

NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin.